Hyundai Ioniq 5 2026 News

It is that time of the year again when car brands target a last flurry of sales before the end of the financial year. These deals often tell a story of what stock brands need to move, and in a time when electric vehicle sales are more important than ever there are some strong deals on show. Here is a look at some of the best ones going around in 2026.Kia is offering discounts across many of its models, with the most noticeable one being for its struggling Tasman ute. The range-topping X-Pro Tasman now starts from $64,990 (drive-away), equating to a more than $10,000 discount on before on-road costs pricing. The deal is available until the 30 June 2026. Kia’s strong-selling EV3 and EV5 have also picked up sizeable drive-away discounts ending 30 June 2026. The EV3 is available from $46,990 (drive-away), which equates to free on-road costs, as well as a further small discount.The EV5 has received an even more substantial discount, starting from $49,990 (drive-away), with it previously available from $56,770, before on-road costs. Hyundai has also put out some standout deals, especially on its electric range. But you'll need to move fast, with the offer ending on May 31, 2026.The brand’s Kona Electric range all have substantial discounts, with a starting price of $45,990 (drive-away).The recently-launched Elexio SUV is available from $57,990 (drive-away), with it previously on sale from $58,990, before on-road costs. The Ioniq 5 is another of Hyundai’s models being offered with a noticeable discount, starting from $71,990 (drive-away) until 31 May 2026. MG is currently offering discounts across its range to conclude the financial year, with all deals running until 30 June, 2026. One of the biggest deals offered by the brand is a $6000 cashback offer on plug-in hybrid variants of its mid-size HS SUV.Petrol and plug-less hybrids examples are available with a $3000 cashback offer, which is also available on the QS large SUV and the U9 ute. Additionally, these $3000 cashback deals include five years of free servicing on the vehicles. There are also minor conditional discounts on the ZS small SUV and MG3 hatch currently. BYD is offering $3000 cashback on several of its models in Australia for vehicles delivered by 30 June 2026. The Premium variant of the popular Shark 6 plug-in hybrid ute gets the deal, and is now available from $54,900 (before on-road costs). Both variants of the Sealion 5 PHEV mid-size SUV, are also eligible, meaning it starts from $30,990 (before on-road costs). The Sealion 6 and Sealion 8 PHEV SUVs are available with the $3000 cashback offer. Chery is another brand to get in on the end of financial year deals. Its Tiggo 7 plug-in hybrid large SUV has discounts of $5000, now starting from $34,990 (drive-away). The hugely popular Tiggo 4 small hybrid SUV and Tiggo 8 plug-in hybrid large SUV are being offered with a $2000 factory bonus discount. Offers run until 30 June 2026.Ford has substantially reduced the price of its plug-in hybrid Ranger lineup, with it now starting from $62,000 (drive-away) down from $71,990 (before on-road costs) until 30 June 2026. This price cut brings it closer to the price of the rival BYD Shark 6, which retails from $57,900 (before on-road costs).Some variants of the diesel Ranger are also being offered with sharp drive-away deals. Toyota’s full-size Tundra hybrid ute has received a more than $10,000 discount for models from 2025 as part of a deal to remove on-road costs and add a cashback offer. This means the ute is now available from $145,990 (drive-away). The offer lasts until June 30 2026. 

There is good news for car buyers as brands slash the price of EVs to boost demand as competition increases.Hyundai is the latest brand to offer some very generous discounts across its range of quality electric vehicles.The Korean maker has cut prices and deleted on-road costs, with some models now more than $13,000 cheaper.Leading the discounts is the electric version of the popular Kona compact SUV.The Kona EV Standard Range is now $45,990 drive-away, which is about $13,000 cheaper depending on what state you are in.This version uses a circa-48kWh battery to deliver a driving range of up to 370km.The Extended Range version is now $50,990, or about $12,400 cheaper, and lifts the driving range to more than 500km.Better-equipped Premium Extended Range versions and sporty looking N-Line examples are between $11,600 and $12,900 more affordable.Hyundai has also sliced thousands off the recently launched Elexio mid-size SUV.The China-sourced EV, which is related to the strong-selling Kia EV5, is down to $57,990 for the base version and $59,990 for the Elite version that comes with more stuff as standard.The Elexio packs an roughly 88kWh battery that delivers a driving range of up to 562km.Both grades use a single motor to make 160kW/310Nm sent to the front wheels. Hyundai is also getting generous with its pint-sized Inster. The Standard Range version is now about $4300 cheaper at $38,990.The base Inster is well suited to city motoring, and an ideal second car. It is one of the shortest cars on the market and has seating for four.A little 42kWh battery enables a driving range of up 327km. It is extremely light for an EV and its 71kW and 147Nm electric motor makes it feel peppy.The critically acclaimed Ioniq 5 medium SUV has also been given a big price cut.A base Ioniq 5 RWD is now about $10,500 cheaper at $71,990, and the Elite grade now starts at $78,990, which represents a saving of almost $9000.Fully loaded Ioniq 5 N-Line Premium AWD is now $87,990, or almost $11,000 cheaper.The Ioniq 5 was crowned CarsGuide’s 2026 Best SUV Under $130K, with single-motor 168kW/350Nm and dual-motor 239kW/605Nm versions impressing.Driving range varies from 495km for the heavier dual-motor version to 570km in the base RWD example.The catch? You need to be quick as customers must take delivery by the end of the month.Hyundai electric car deals 

A major brand in Australia has picked up its electric vehicle game in 2026. Hyundai has seen its EV numbers boom in Australia as it receives increased supply and orders. Supply (including unsold and pre-built stock) of its SUVs, including the Inster, Kona Electric, Elexio and Ioniq 5 have all risen by at least 50 per cent comparing Q1 to Q2. Supply of the Inster compact SUV is up 204 per cent, while the Kona Electric has risen to 315 per cent.The Elexio and Ioniq also has supply increases of upwards of 55 per cent.This has coincided with substantial boosts to order numbers between January and February and March and April. Inster orders rose by 205 per cent, the Kona Electric up 298 per cent, with the Ioniq 5 up 187 per cent. The Kona Electric had previously lagged significantly behind petrol and hybrid variants of the car on the sales charts, but this latest data shows it is catching up quickly.It's a positive boost for the Korean brand, which has previously been embattled by more affordable electric rivals from the likes of BYD and MG.Hyundai’s Australian Director of Sales David Rodda said confidence in buying EVs has increased substantially in recent times. "Anyone who was previously only considering an EV as a future purchase is now completely confident in making that decision, given the benefits of ownership,” Rodda said."Hyundai Australia has secured a 158% supply increase of EVs for quarter two to meet this unprecedented level of demand.“These vehicles will start to arrive from May due to the fast supply chain out of Korea. We are confident in securing equally strong support from the factory for the rest of the year."This EV sales spike is a welcome boost for Hyundai, following the announcement of the results for the first round of the National Vehicle Efficiency Standard (NVES).The brand incurred more than 84,000 liabilities for the 2025 NVES performance period, which was one of the highest, behind only Nissan, Subaru and Mazda. It is not just EVs which are tracking nicely for Hyundai, with hybrids also gaining increased attention, according to Rodda."Hyundai also grew hybrid orders from 3,049 in February to 3,966 in March, a 30% increase. In fact, 57% of Hyundai Australia's orders in March were for hybrids - that's the biggest percentage ever for us, and the highest in the Australian industry."Hyundai is also planning to bring in new EV models in the coming months, most notably the Staria commercial van and the Ioniq 3 hatch.The latter will be officially revealed globally soon and is confirmed for arrival in Australia, likely as an electric replacement for the gap left by the discontinuation of the previously-popular i30 hatchback.

It comes down to this. Seven category winners, seven exceptional cars. But only one can take the crown of CarsGuide’s 2026 overall Car of the Year.The final shortlist for the overall Car of the Year award is made up of the winners of each of our seven categories.This impressive list includes high-end performance SUVs from Germany, new contenders from China, a game-changing ute, family friendly hybrids and top-notch EVs.As a reminder, here are the category winners that make up this final shortlist.Best Small Car Starting Under $50,000 - Kia EV3The Kia EV3 proves small EVs don’t have to be boring. A striking design combined with an engaging drive experience, visually appealing and surprisingly spacious cabin and high levels of standard equipment make for a winning package.Best Small Car Starting Under $80,000 - BMW X1It might not be the newest model on this list, but punchy petrol powertrains and a well-calibrated electric version elevate the BMW X1 above all of its premium small car rivals.Best Medium SUV Starting Under $60,000 - Zeekr 7XThe newest car on this list, the long-awaited Zeekr 7X is a deeply impressive electric family SUV in all grades and proves Zeekr means business.Best Medium SUV Starting Under $130,000 - Hyundai Ioniq 5Perhaps a surprising win against some impressive premium players, but the Hyundai Ioniq 5 deserves this award as it remains one of the most impressive electric medium SUVs money can buy.Best Large SUV Starting Under $100,000 - Hyundai Santa FeA massive step up from the previous model, the new Hyundai Santa Fe has a bold design and a spacious and flexible interior with the choice of two excellent powertrains.Best Large SUV Starting Under $220,000 - Porsche CayenneOutpacing a range of mostly German rivals, the Porsche Cayenne has the performance and prestige to make it the clear standout in the category.Best Ute Under $85,000 - BYD Shark 6A truly game-changing ute, the BYD Shark 6 has brought plug-in hybrid power to the masses in a big way.Such a solid list of winners means the car that took the crown is a special vehicle indeed.Without further ado, the winner of CarsGuide’s overall 2026 Car of the Year award is… the Hyundai Santa Fe!The Santa Fe won over the CarsGuide Car of the Year judges for a variety of reasons.The six- or seven-seat large SUV is hard to fault. It’s a phenomenal family car with acres of occupant space across all three rows and decent cargo space as well. There’s also enough to keep kids occupied in the rear two rows while offering high levels of comfort and refinement up front.Interior design and layout is modern, with a retro twist, and the materials used throughout are second to none. Hyundai has used eye-catching seat materials, while the various touchpoints look and feel like they belong in the premium segment.A Santa Fe highlight is the fact that even the entry grade (simply called ‘Santa Fe’) feels nothing like a base model. In fact, it feels more high-end than top-spec versions of many of its rivals.The availability of two excellent powertrains further boosts the Santa Fe. The 1.6-litre turbocharged hybrid is not just the best choice for efficiency and refinement, it’s also a punchy, engaging engine. But the 2.5L four-cylinder turbo-petrol version is also an absolute hoot.Both are available in front and all-wheel drive, and they come with a full-size spare wheel. Not something every hybrid can claim.Value for money was also a one of the Santa Fe’s biggest strengths. Pricing ranges from around $54,000 for the entry petrol grade and it tops out at $77,000 for the fully kitted out Calligraphy hybrid. Even at the entry point, the Sant Fe is packed with comfort and safety features.Finally, while its exterior design is undoubtedly polarising, the judges agree that it’s a standout among a largely vanilla bunch of family SUV rivals.Not only is the Hyundai Santa Fe CarsGuide’s top pick for a family car in 2026, but we reckon it’s the best car money can buy.A well deserved win for a brilliantly executed car.

With so many new and updated premium medium-sized SUVs starting from under $130K in Australia nowadays, it’s easy to be overwhelmed by the sheer choice available.And that goes for the judges here at CarsGuide as well as potential buyers, because even though our shortlist included models as varied and intriguing as the all-electric Audi Q4 e-tron from Germany, South Korea’s Genesis GV70 in turbo and EV guises, and petrol, hybrid and plug-in hybrid Lexus NX from Japan, our shortlist proved to be a hotly-contested and surprisingly-emotional process. There is so much that’s great in this category!Here, then, are the finalists in alphabetical order, followed by our number one, because there can be only one winner.The latest, and highly impressive, BMW X3 has ended up as a runner up for CarsGuide’s best premium medium SUV under $130K.Four generations in, the X3 has shaped up as a winner, both in the eyes of the judges as well as on the sales charts.It’s easy to see why, with surprisingly sharp pricing – particularly at the lower end of the range – reflecting the edgy yet attractive styling inside and out.Of course, the panel also responded to the X3’s interesting array of hybridised petrol and diesel options, along with the very in-vogue plug-in hybrid (PHEV) choice. Whichever you choose, the driving experience is equally on-point.As one of its core sellers, BMW has given its mid-sized SUV the best-possible chance of success on our market. As Jack Quick put it: “Number one for me by far is the X3. I friggin’ love it… it stands out as a winner.”The latest Macan looks like its super-successful predecessor, is electric only and costs more than most people can afford, but the Porsche’s sheer excellence cannot be ignored.“Genuinely rewrites the formula for Porsche SUVs… it’s a really big swing for the fences.”In a nutshell, this comment from CarsGuide Contributing Journalist Andrew Chesterton neatly sums up what may well be the greatest luxury-branded SUV on the planet right now.Even putting aside the Macan’s obvious controversial aspects, there is so much that will resonate with luxury car buyers, meaning that Porsche has exceeded the brief in most areas.Bold, sculptured design, bank-vault build quality, a deeply sensory-enhancing cabin environment and, not least of all, tremendous dynamic capabilities that simultaneously calm and excite are all part of the latest version’s electrifying experience.Boasting cutting-edge technologies, underpinned by a super-advanced, 800-volt architecture for ultra-fast charging, no other electric SUV feels quite like the latest Macan.The judges certainly see it. But, can enough buyers look past the lack of internal combustion engine choice (for now) and substantially higher pricing compared to before? The jury’s still out on those ones.“From top to bottom it’s an excellent range. I’ve had every car in that line-up. The thing that makes it special is the N. When you've got Porsche chasing you down trying to replicate you, that means a lot.”CarsGuide's News Editor Dom Tripolone sure knows a great headline as well as a great car when he sees one, providing the fitting words for what remains one of the defining models of the 2020s, the Ioniq 5.Recent price hikes that have accompanied technological boosts only serve to highlight the outstanding engineering quality emanating from the Hyundai, particularly when it has already spent half a decade setting class standards. This is a rare example of something that was priced too cheaply for what it can deliver.Timelessly chic, the retro-inspired styling seems to live in a bubble of its own, underplaying a shockingly accommodating interior that has inspired scores of imitators over the intervening years.Yet it is the way the Ioniq 5 drives and feels that truly keeps it fresh. Benign when required, the chassis steps up with impressive agility and control, while retaining the sort of calm and composure expected but often lacking in luxury SUVs costing thrice the price.And, in keeping with its flagship status, the high-performance Ioniq 5 N adds a sizzling new chapter in the book of scorching-hot hatches. As our News Editor so adroitly observed. A worthy winner in the sub-$130K medium SUV segment.

Premium medium-sized SUVs are a small but consistently popular segment of the new-car market, and it’s easy to understand why.While providing an aspirational mix of luxury, performance and technology, they’re still spacious, practical, versatile and – perhaps most importantly – relatively accessible SUVs.Basically, they’re the sporty family friendly reward purchase for people who’ve earned it –which means they have a lot to live up to.As part of our ongoing 2026 CarsGuide Car of the Year awards, here are our top 10 mid-size SUV model ranges from the sub-$130K category in alphabetical order and why they made the cut. Our top three, including the category winner, will be announced on February 6.Nearly four years late to Australia, the Q4 e-tron is available in elegant SUV wagon and racier SUV coupe body-styles that are both pleasingly spacious and practical.And despite leveraging a shared dedicated-EV architecture with other Volkswagen Group vehicles, the interior quality, layout and presentation are on-brand, matching the slick and easy driving experience, with a lovely balance of speed, agility, control and comfort.But the lack of full single-pedal braking and spare wheel are disappointing, while the 55 twin-motor/AWD’s prices are too high.Still, the Q4 e-tron is smart, stylish and sophisticated. And the 45 is all the Audi SUV EV you need.The third generation of Audi’s popular Q5 steps up in several ways, including in price, size and tech, adopting new mild-hybrid assistance for the petrol and diesel choices as well as a PHEV option.Chunkier than before, the Mexican-made medium-sized SUV sits on an evolved architecture. With the same wheelbase as before, it isn’t as roomy as its increased length suggests, whilst the screen-heavy dash looks modern but lacks physical buttons for too many vehicle functions.On the other hand, the boot is big, all powertrains deliver on performance, refinement and efficiency, whilst the handling and ride qualities have improved noticeable from before.Not class-leading, then, but certainly now highly competitive.BMW’s renaissance continues, following on after the excellent X5 and X1, with the fourth-gen X3, sharpening its reputation as the driver’s choice among mid-sized SUVs.Larger yet lower than ever, with ample space, the futuristic, tech-heavy interior is artfully executed, while there’s more equipment as standard nowadays.It’s mild-hybrid xDrive AWD all-round for the punchy inline petrol and diesel engines, along with a PHEV AWD providing ample muscle as well as impressive economy.As you’d hope, the chassis dynamics are first class, with an immersive and flowing driving experience that’s second to none.Expensive options, divisive styling, a fiddly transmission selector and no spare don’t overshadow a brilliantly executed luxury/performance SUV.Another VW Group EV, Spanish brand Cupra’s take on the Audi Q4 e-tron effortlessly melds style and attitude, elevating the genre in the process.With point-and-squirt acceleration, sharp steering and immersive handling – and all without ruining ride comfort – Tavascan is the keen driver’s delight. You can thank the sober German engineering underneath.The interior is spacious for its compact proportions, the ergonomics are fine and the front seats are brilliant, but the scaly-looking dash texture seems cheap, the lack of a spare wheel jars and, being sourced from China, we expect more standard equipment in the base Endurance.Still, there’s personality aplenty in this unique EV SUV and we’re here for it.Challenger brand Genesis’ take on the BMW X3, the GV70’s styling has the visual swagger of a Bentley, while providing a comfortable and functional cabin experience.The Series II facelift brings sweeping improvements, especially to refinement and tech updates, with lots more equipment, upping the lush Korean luxury SUV’s value quotient.Neither petrol engine is a slouch, but the V6’s considerable performance better suits the commanding roadholding and aggressive aesthetics more, while the GV70 Electrified EV’s effortless, isolated pace make it a peaceful retreat. Too bad the former is thirsty and the latter lacks a spare.Whichever you choose, Genesis’ mid-sized SUV is highly enjoyable – and better than you might think.One of this decade’s greats, the Ioniq 5 has been a breathtaking symbol of Hyundai’s tremendous engineering ambition, creating an EV benchmark that’s still yet to be equalled for the money.Yes, prices are creeping up, but the 5’s ability to deliver elevated performance, efficiency, driving athleticism, refinement and pleasure shade rival efforts.And that’s not even taking in the timeless design, vast cabin, thoughtfully presented ergonomics and exceptional practicality.We wish it included a spare wheel and some of the interior plastics look more Aldi than Audi, but otherwise there’s so much that’s radiant about the Ioniq 5. It remains a modern motoring masterpiece. And that’s before even considering the supersonic 5 N that out-Porsches any Macan.The second-gen NX cracks the German mid-sized luxury SUV code that its underwhelming predecessor could not, without abandoning hard-won advantages like exquisite quality and reliability.Basing it on the enduring fifth-gen RAV4 ensures a robust and refined platform, along with affordable hybrid tech access.Yet the NX transcends those with its unique design, sumptuous interior, great seats and ample practicality. The base turbo is rapid, the hybrids are efficient and the PHEV flagship powerful, while the steering, handling and ride qualities are also up to brand expectations.Inevitably, a spare wheel isn’t offered and the PHEV’s electric-only range pales against Chinese alternatives, but the NX provides luxury without the risk.A step forward in quality, ride comfort and refinement over the patchy previous model, the second-gen GLC from 2022 has remained Mercedes-Benz’s best-seller for sound reasons.Along with advanced technologies, a sturdy cabin, top-shelf safety and family-orientated practicality, the GLC provides the luxury of choice – from an attainable 200, through to indecently-quick AMG versions. The newly released PHEV is on the money for buyers seeking efficiency. And the GLC Coupe boasts a sleeker silhouette.The model’s sheer ubiquity may put some people off, options can be very expensive, servicing isn’t cheap, the stop/start tech can be annoying and most models are not exciting to drive, but there’s solid engineering behind the GLC.Devised before the global EV sales slowdown, the second-gen Macan was meant to be a bold, electric-only statement of intent, with Porsche’s formidable engineering expertise delivering a breakthrough experience.Though almost identical at first glance, everything changes, including the body structure and alluring double-screen interior presentation.But it is the 800-volt architecture (shared with the Audi Q6 e-tron) that moves the game on, providing tremendous steering, handling and ride-comfort attributes, along with a powertrain ranging from a brisk (and very on-brand) rear-mounted electric motor opener to the twin-motor AWD missiles.The Macan II’s driver-focused tactility, alacrity and control rewrite the rulebooks. Mission accomplished, then, but we wish it wasn’t so expensive.Launched in 2017, the second-gen XC60 proved to be a compelling premium contender, with lovely proportions, a gorgeous interior, stellar seats and state-of-the-art Volvo safety.An advanced platform provided a sophisticated base, adding to the luxury aspirations of the Swedish family SUV, and enhanced by progressive powertrains, including a rorty PHEV. The XC60 II was ahead of its time.Which explains why the 2025 facelift is so minor – a more-contemporary nose, updated multimedia and fresh trim are the main changes.But the driving experience feels as dated compared to the leading BMW X3 as the styling. Which is classic Volvo: evolve over time. The beloved 240 of the ‘70s lived nearly 20 years and XC60 II could be next!

A major brand has made some big changes to one of its flagship EVs.

Sales of some electric cars (EVs) in Australia have hit a roadblock.

What if electric cars and hybrid utes aren’t the next big thing? Should you buy one or wait for hydrogen? Or do you just stick to petrol and diesel?

Australia electric car owners are about to realise the full potential of their vehicles.Power giant AGL has announced a new Vehicle-to-Grid (V2G) trial to allow EV owners to power their homes and be paid to send power back to the grid.V2G technology allows electric vehicle owners to use the energy stored in their vehicles to power their home or send power back to the grid to earn credits during periods of peak demand.Electric car batteries are typically about five times the size of conventional home batteries, which could deliver huge potential for Australians.When paired with roof-top solar, V2G technology could allow some to effectively live off the grid.AGL Head of Innovation and Strategy Renae Gasmier said: “To unlock the full potential of their electric vehicles, owners need to think about them as more than cars, but rather as home batteries on wheels. The typical electric car battery can store enough energy to power the average home for around three days.”The new technology was green lit last year when Federal Climate and Energy Minister Chris Bowen announced Standards Australia has signed off on a new protocol allowing the technology to be approved for use in Australia.This streamlined the process for car and charging device manufacturers to get their vehicles approved for V2G use.“Vehicle to grid charging is now ticked, enabled under the law of the land and will become a reality before Christmas, in the real world,” said Bowen at the time. “Possible today, technically possible today, thanks to these changes, but next couple of months, an opportunity for the companies to get their registrations in and get it happening.”Currently V2G is only being trialled in South Australia, but AGL opens it up nationwide by bringing in all major national electricity market Distribution Network Service Providers.AGL has joined forces with BYD, Hyundai, Kia and Zeekr to make the service available to select vehicles.Owners of a Hyundai Ioniq 5, Ioniq 9 and the soon to be launched updated Ioniq 6 can take part.Kia’s EV3, EV6 and EV9 can also be part of the trial.Kia Australia boss Damien Meredith said: “Amid cost-of-living pressures, this unlocks the potential for Kia EV owners to transform their cars into mobile energy assets. Bi-directional charging is a game-changer, and we look forward to help introduce V2G to the Australian market on a much larger scale.”Hyundai Australia chief Don Romano said the trial will be able to show Australians its electric cars can do far more than just drive.BYD Atto 3 with some modifications is currently eligible with the plug-in hybrid Shark 6 ute and Sealion 6 a possibility further down the line.Zeekr currently has three electric vehicles on sale, the X small SUV, 7X mid-size SUV and 009 people mover. It is unclear which Zeekr vehicles can take part in the trial.